California § 10509.970. 10509.970. (Added by Stats. 1996, Ch. 1106, Sec. 2.)

California Statutes

§ 10509.970. — 10509.970. (Added by Stats. 1996, Ch. 1106, Sec. 2.)

California § 10509.970.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 2.DIVISION 2. CLASSES OF INSURANCE

Part 2.PART 2. LIFE AND DISABILITY INSURANCE

Ch. 5.6.CHAPTER 5.6. Life Insurance Cost Indexes

This text of California § 10509.970. (10509.970. (Added by Stats. 1996, Ch. 1106, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Insurance Code - INS Code § 10509.970. (2026).

Text

It is the purpose of this chapter to assure prospective purchasers of life insurance that, when a presentation is made showing or comparing the cost of life insurance over a period of years which does not recognize the time value of money, it shall be accompanied by a presentation which recognizes the time value of money.

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